Altair Nanotechnologies signs agreement to supply advanced lithium-ion batteries to Proterra Inc.
3 July 2010Altair Nanotechnologies based at Reno, Nevada is one of the leading providers of energy storage systems including Lithium-Titanate based battery systems. These are among the best performing energy storage systems that find applications in a number of uses including mass transit and military applications.
Altair Nanotechnology has recently announced that it will supply advanced lithium-ion battery modules to Proterra Inc that will be incorporated into Proterra’s electric and hybrid vehicles. Proterra Inc, headquartered at Golden, Colorado is one of the leading designer and manufacturer of heavy duty drive systems, transit buses, energy storage systems and vehicle control systems.
Proterra third time in continuation purchased orders of $4.6 million from Altair Nanotechnologies till June 2011. The earlier orders were announced by the user in August 2009 and April 2010. As there is continous growth in mass transit market, Altai Nanotechnologies is anticipating more orders.
Proterra engineers have already studied the usefulness of the Altair Nanotechnologies advanced lithium-ion battery modules and found that these are perfect fit for the transit bus applications and hopeful to deliver more cost effective and sustainable transport solutions.
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